Business News: Economy & Markets

Explained: RELIEF scheme to support exporters amid West Asia logistics disruptions

IANS | March 19, 2026 2:54 PM

New Delhi, March 19 (IANS) The time-bound Rs 497 crore RELIEF (Resilience and Logistics Intervention for Export Facilitation) scheme under the Export Promotion Mission (EPM) will support Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor, the government said on Thursday.

India's power plants well stocked with coal as PSUs step up production

IANS | March 19, 2026 2:45 PM

New Delhi, March 19 (IANS) India's thermal power plants have adequate coal stocks of around 53.41 million tonnes which are adequate for nearly 23 days at the present rate of consumption, and further stocks are also being built up at the pitheads of coal mining companies as a proactive measure to meet any exigency amid the disruption in oil and gas supplies due to the Iran war, the Ministry of Coal said on Thursday.

India’s Rs 5 trillion gold hoard fuels boom in fast-growing gold loan market, draws global investors

IANS | March 19, 2026 2:45 PM

New Delhi, March 19 (IANS) Indian households are sitting on an enormous reserve of gold, and that wealth is now quietly reshaping the country’s lending market, a report has said.

Centre launches ‘RELIEF’ scheme with Rs 500 crore outlay to support exporters amid West Asia crisis

IANS | March 19, 2026 2:12 PM

New Delhi, March 19 (IANS) The government on Thursday launched a new scheme called Resilience and Logistics Intervention for Export Facilitation (RELIEF) to help Indian exporters deal with disruptions caused by the ongoing crisis in West Asia, aiming to ensure smooth trade and protect the country’s market share.

Pakistan’s fragile economy faces turbulence due to Iran war

IANS | March 19, 2026 2:00 PM

New Delhi, March 19 (IANS) Pakistan’s fragile economy faces a major risk from the US-Israel war with Iran, as the country is heavily dependent on imported fuel and energy prices have shot up due the conflict which has spread across the Middle East countries.

QR code-enabled measures ensure verified catering services for rail passengers: Minister

IANS | March 19, 2026 1:54 PM

New Delhi, March 19 (IANS) QR code-enabled identity cards and digitally traceable food packets in Indian Railways have helped eliminate unauthorised vending and ensure verified onboard catering services for rail passengers, the Parliament was informed on Thursday.

Pakistan has LPG stock for just 9 days, crude oil for 11 amid Middle East tensions

IANS | March 19, 2026 1:30 PM

New Delhi, March 19 (IANS) Pakistan has limited petroleum reserves, with crude oil stocks sufficient for just 11 days, raising concerns over energy security amid disruptions caused by the ongoing Middle East conflict, a report has said.

Transfer to farmers under PM-KISAN scheme shoots past Rs 4.27 lakh crore

IANS | March 19, 2026 1:27 PM

New Delhi, March 19 (IANS) Prime Minister Narendra Modi's release of over Rs 18,640 crore as the 22nd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme this month has enabled over 9.32 crore farmers to receive financial assistance, out of whom 2.15 crore are women farmers.

India's Tier-2 cities host nearly 9 mn sq ft or 9 pc of flex stock

IANS | March 19, 2026 1:25 PM

New Delhi, March 19 (IANS) Tier‑2 cities now host over 575 flex centres and about 8.8 million sq ft of flex stock, representing nearly 29 per cent of the nation’s flex centres and over 9 per cent of pan‑India flex stock, a report said on Thursday.

Keki Mistry says role of interim Chairman of HDFC Bank aligns with his values

IANS | March 19, 2026 12:25 PM

Mumbai, March 19 (IANS) As the Reserve Bank of India (RBI) approved the appointment of veteran banker Keki Mistry as the interim part-time Chairman of HDFC Bank for a period of three months, effective March 19, the bank held a conference call with analysts. During the interaction, Mistry said he accepted the role as it aligned with his personal values and principles.

Business

Explained: RELIEF scheme to support exporters amid West Asia logistics disruptions

India's power plants well stocked with coal as PSUs step up production

India’s Rs 5 trillion gold hoard fuels boom in fast-growing gold loan market, draws global investors

Centre launches ‘RELIEF’ scheme with Rs 500 crore outlay to support exporters amid West Asia crisis

Pakistan’s fragile economy faces turbulence due to Iran war

QR code-enabled measures ensure verified catering services for rail passengers: Minister

Pakistan has LPG stock for just 9 days, crude oil for 11 amid Middle East tensions

Transfer to farmers under PM-KISAN scheme shoots past Rs 4.27 lakh crore

India's Tier-2 cities host nearly 9 mn sq ft or 9 pc of flex stock

Keki Mistry says role of interim Chairman of HDFC Bank aligns with his values

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